Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
US consumer inflation rises in October on higher housing costs
The consumer price index (CPI) rose to 2.6 percent in October from a year ago, up from 2.4 percent in September, the Labor Department said in a statement. This was in line with the median forecast of economists surveyed by Dow Jones Newswires and The Wall ...
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Inflation ticks up in October mostly driven by housing cost increases
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Inflation expected to have increased in October
Inflation has cooled dramatically since a peak of 9% attained in 2022, now hovering near the Federal Reserve’s target rate of 2%. The slowdown of price increases has coincided with robust economic growth,
US Producer Inflation Edges Higher In October
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.
Producer price index and core PPI rise as expected in October
M/M vs. +0.2% consensus and 0.1% in September (revised from 0.0%). +2.4% Y/Y vs. +2.3% consensus and +1.9% prior (revised from +1.8%). Core PPI: +0.3% M/M vs. +0.3% expected and +0.2% in September. +3.
Consumer price index report and Juan Soto's free agency: Morning Rundown
Plus, Donald Trump is set to visit the White House to meet with President Joe Biden for a symbolic meeting to signify a ...
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
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Inflation rose to 2.4% in October in producer price index
The numbers come a day after the more closely watched consumer price index showed inflation trending up in October.
US consumer prices rise as expected in October
U.S. consumer prices increased as expected in October, and progress towards low inflation has slowed since mid-year, which ...
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
Consumer prices post first yearly increase in inflation since March, CPI shows
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
Barron's1d
US Consumer Inflation Picks Up To 2.6% In October
The consumer price index (CPI) rose to 2.6 percent in October from a year ago, up from 2.4 percent in September, the Labor Department said in a statement. This was in line with the median ...
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose ...